EXPERIENCE
NEXT-LEVEL BANKING TODAY
Discover the ideal solution to elevate your digital banking experience with our cutting-edge Proof of Concept (POC) service. Tailored to meet your specific business needs, our POC service comes with three flexible options:
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POC Fully Run in Banks' Environments: For institutions wanting full control, run the POC on your own premises. You'll have complete oversight, leveraging your current backend services and infrastructure for a smooth transition to a more digital future.
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Digital Platform Run in Axxiome Environments, Connecting to Banks' Backends and Third-Party Services: Opt for a balanced approach by using Axxiome's robust environments while still connecting to your existing banking systems and third-party services. It's the perfect blend of familiarity and innovation.
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POC Fully Run in Axxiome Environments: Reduce internal resource strain by running the entire POC in Axxiome's environments. We take care of everything, offering you a turnkey solution whilst providing deep insights into our platform and integration capabilities.
Embrace the future and accelerate your digital banking transformation today with our comprehensive POC options.
Approach
Find below our structured, step-by-step approach to executing your Proof of Concept (POC). Please note that certain steps are tailored based on the POC option you choose, offering flexibility to meet your specific needs.
USE CASE DEFINITION
Our first step involves a detailed analysis of your bank's unique requirements, existing systems, and objectives to define the POC's scope and goals.TECHNICAL REVIEW
We examine your existing architecture, identify integration points, and determine technical prerequisites to ensure a smooth and efficient POC process.PROJECT PLANNING
Based on the defined use cases and technical review, we develop a comprehensive project plan outlining timelines, milestones, and resource allocation for a successful POC execution.ENVIRONMENT SETUP
Depending on your chosen option, we either prepare your in-house environment, set up the Axxiome environment, or create a hybrid model for the POC.DATA MAPPING & INTEGRATION
Depending on your chosen option, we integrate your existing banking systems and any third-party services into the POC, ensuring data consistency and operational coherence.DEVELOPMENT & CUSTOMIZATION
Our team configures and customizes the digital platform to align with your specific needs, incorporating features that will be tested during the POC.TESTING & VALIDATION
Rigorous tests are performed to validate the system's functionality, performance, and security, addressing any issues that arise for immediate resolution.WALKTHROUGH & EVALUATION
Brief use case walkthroughs and training sessions are conducted to familiarize your team with the new system, empowering them to effectively test and provide meaningful feedback.STAKEHOLDER REVIEW
Key stakeholders review the POC outcomes, assessing the benefits, efficiencies, and potential ROI to inform the decision for full-scale implementation.FINAL REPORT & NEXT STEPS
A comprehensive report is delivered, summarizing the POC's achievements, lessons learned, and recommended next steps for scaling the solution.
Tools and Assets
Explore our key tools and assets, designed to accelerate your Proof of Concept and ensure its reusability for future digital banking initiatives.
Benefits
- Financial Prudence: The POC allows banks to validate investments in digital transformation, minimizing the risk of costly mistakes in full-scale implementations.
- Quick ROI Realization: Accelerate the timeline to realize returns by quickly prototyping and validating revenue-generating digital features.
- Board and Investor Confidence: Tangible POC outcomes make it easier to secure buy-in from board members and investors for larger-scale digital initiatives.
- Legacy System Compatibility: Validate the seamless integration of cutting-edge digital solutions with existing banking infrastructure, reducing migration risks.
- Cost Management: The POC helps identify any cost overruns or hidden expenses early, allowing for more accurate budgeting and financial planning.
- Customer Satisfaction: By testing new features designed to enhance user experience, the POC offers insights into effective strategies for customer engagement and retention.
- Operational Efficiency: Test how the digital platform impacts day-to-day banking operations, including staff efficiency, to optimize processes before wider rollout.
- Strategy Validation: The insights gathered offer actionable intelligence for shaping future digital banking strategies, ensuring decisions are fact-based rather than speculative.